| Financier | Commitments |
|---|---|
| African Development Bank | 33.25 |
| Borrower/Recipient | 2.32 |
| IDA Grant | 100.00 |
Green Energy Corridors Project
Abstract*
The project will finance building the key missing links in the transmission network in Mozambique necessary to support evacuation of its current and future RE power plants, increase electricity supply to the economic growth centers in the north and north-east, and enable integration with crucial interconnectors within the SAPP and between the SAPP and the Eastern African Power Pool (EAPP). The project will also initiate technical assistance towards... Show More
Development Objective
The Project Development Objective (PDO) is to strengthen the electricity network and increase regional power trade.
Key Details
Project Details
P179797
Active
Lara Born , Maria Arango Campo, Arun Singh
Republic of Mozambique
October 13, 2023
(as of board presentation)
March 29, 2024
August 14, 2024
US$ 300.00 million
Ministry of Mineral Resources and Energy (MIREME),Electricidade de Moçambique (EDM)
2024
US$ 133.25 million
N/A
Substantial
June 30, 2030
Yes
BANK APPROVED
July 22, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 100.00 |
| IBRD + IDA Commitment | 100.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 33.25 |
| Total Project Cost** | 300.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Mar 29, 2024 | IDA-E3030 | Loan Commitment | 100,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Procurement | Moderately Satisfactory | 2024-12-20 |
| Project Management | Satisfactory | 2024-12-20 |
| Progress towards achievement of PDO | Satisfactory | 2024-12-20 |
| Financial Management | Satisfactory | 2024-12-20 |
| Monitoring and Evaluation | Satisfactory | 2024-12-20 |
| Overall Implementation Progress (IP) | Satisfactory | 2024-12-20 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.